Financial Daily from THE HINDU group of publications
Tuesday, April 02, 2002
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To cover pool account deficit -- Govt issues Rs 9,000-cr bonds to oil majors
THE Government has issued bonds aggregating Rs 9,000 crore to the state-owned oil companies to liquidate a substantial part of their dues in the oil pool account. The issue of the special bonds also coincides with the freeing of the domestic ... More

Exports falter, 11-month growth rate at 0.06 pc
CONFIRMING the fears that the country's exports would not reach even the downsized target of three per cent in dollar terms in the 2001-02 fiscal, the overall exports during the first 11 months of April 2001 to February 2002 notched up a measly ... More

ARC is not for window dressing: Sinha
THE proposed Asset Reconstruction Company (ARC) for taking over of bad debts, is not a "disguised mechanism to put public money into the balance sheet of banks" but one that was designed to play a vibrant and energetic role in handling distressed ... More

RBI team probes GTB books
A HIGH-LEVEL team of Reserve Bank of India arrived in Hyderabad on Monday afternoon to go through the books of Global Trust Bank following the stern action announced by the bank on Saturday against seven of its top officials including the ... More

Ease clinical trials: Report
IN an effort to bring new drugs into India immediately after its approval in the source country, the Planning Commission's working group on drugs and pharmaceuticals has suggested allowing companies to conduct phase III clinical trials in India, ... More

IFCI sells shares of Indo Rama
IFCI Ltd has informed the Bombay Stock Exchange that it executed a negotiated deal today with Yield Securities & Credits Pvt Ltd for sale of 16,46,579 equity shares of Indo Rama Synthetics India Ltd (IRSL) (being 0.99 per cent of the paid-up ... More


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To cover pool account deficit -- Govt issues Rs 9,000-cr bonds to oil majors

Exports falter, 11-month growth rate at 0.06 pc

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